The housing market in Portsmouth, VA (zip code 23708) is higher than the typical U.S. median value and has seen more appreciation in the past year than the national average. The median value of homes in Portsmouth is $258,100, compared to the national median of $338,100. In the past year, home values in Portsmouth have appreciated by 11.17%, outpacing the US 1 year house appreciation rate of 8.27%. This suggests that homeowners in this area can expect their properties to continue to increase in value over time.
The median home cost in Portsmouth (zip 23708) is $258,100. Home appreciation the last 10 years has been 54.9%. Home Appreciation in Portsmouth (zip 23708) is up 12.9%.
Average Age of Homes
- The median age of Portsmouth (zip 23708) real estate is 51 years old
The Rental Market in Portsmouth (zip 23708)
- Renters make up 0.0% of the Portsmouth (zip 23708) population
- 0.0% of houses and apartments in Portsmouth (zip 23708), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.